Abstract Hydrosilylation reactions are pivotal in silicon chemistry, facilitating the incorporation of silicon hydride derivatives into carbon–carbon multiple bonds. This process is essential for synthesizing organosilicon compounds, which have widespread applications in various industries, including polymer science and pharmaceuticals. This review aims to critically evaluate recent advancements in Pt and Rh catalysts for hydrosilylation reactions (reactions between various alkene derivatives, alkyne derivatives, and carbonyl derivatives with derivatives of silanes), focusing on their catalytic efficiencies, selectivities, and the innovative methodologies employed to enhance their performance from 2020 to 2024. The review encompasses various catalyst systems, including homogeneous and heterogeneous catalysts, single‐atom catalysts, and hybrid materials, highlighting their progress, limitations, selectivities, and recyclability.